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Priceless wisdom
While addressing a conference hosted by The Energy and Resources Institute (Teri), its director general RK Pachauri said that Environment Minister Jairam Ramesh would give Teri Rs 1 crore for a campaign to spread awareness about protecting the environment. He then said, “I now request Mr Ramesh to share his wisdom with all of us.” To which , Ramesh replied, “I can only share my wisdom but cannot give you Rs 1 crore.” Before Ramesh could say anything further, Pachauri remarked, “This means now we’ll get Rs 2 crore from the minister. Three cheers for Jairam Ramesh!”

Panchkula industrialists await review of industrial policy
With Haryana Chief Minister Bhupinder Singh Hooda earlier indicating review of the Haryana industrial policy, industrialists in Panchkula eagerly await the review that might help in changing the facade of industry in the state.

News of the day

'Low-cost mobile devices will bridge digital divide'
Gartner, Inc. has evaluated and highlighted technologies that will have an impact on Indian enterprises as they look at increased technology adoption to support growth and competitive differentiation. The Gartner Hype Cycle for ICT in India 2009 is the company’s most comprehensive to date, featuring 31 technologies and topics such as massive array of idle disks (MAID), fibre channel over ethernet (FCoE), video telepresence in India, x86 server virtualisation, and software as a service (SaaS) in India.
Small Business

J&K Bank turns negative

The stock pared its gains and slipped to a low of Rs 425. The scrip finally settled at Rs 431, down 2%. Around 6,522 shares have been traded on the BSE today as compared to the two-week daily average traded volumes of 2,352 shares. ______________________________________________________ UCO Bank seeks shareholders" nod for fund raising Negative view on state-run oil cos: Fitch Jan cement sales in high double-digit The stock opened at Rs 445 and surged 3% to touch a high of Rs 452. The stock is now up 2% at Rs 447. Around 1,482 shares have been traded on the BSE so far. Jammu and Kashmir Bank"s net profit increased 24% to Rs 117.05 crore in the quarter ended June 2009, as against the Rs 94.56 crore in the corresponding quarter a year ago. The total income is also up 24% at Rs 89,105 crore in Q1FY10 as against Rs 71,630 crore in Q1FY09. The bank has succesfully brought down its cost to income ratio to 33% from 38% a year ago.


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